Joint Corp Stock Price, News & Analysis

The Joint Corp. (NASDAQ: JYNT) has announced significant strategic moves to strengthen its position as the largest pure play chiropractic care franchise system. The company has signed a binding agreement to sell 31 corporate clinics in Arizona and New Mexico to Joint Ventures, LLC, its largest franchisee, in exchange for cash and regional developer rights in the Northwest region.

Joint Ventures will increase its clinic count to 96 locations and has committed to opening 10 additional clinics. Additionally, The Joint has refranchised 5 clinics in the Kansas City region to Chiro 93, LLC. The Northwest region acquisition includes 46 existing franchised clinics and 30 sites for future development. These strategic moves aim to improve profitability by reducing regional developer commissions and increasing operating margins.

The Joint Corp (NASDAQ: JYNT), the largest provider of chiropractic care through The Joint Chiropractic network, has appointed Scott J. Bowman as its new Chief Financial Officer, effective June 10, 2025. Bowman, who brings over 30 years of experience in finance across restaurants, retail, and CPG sectors, replaces outgoing CFO Jake Singleton. With experience as CFO at three public companies and one private company, Bowman brings expertise in capital markets, strategic planning, operations, and investor relations. The appointment aligns with The Joint's strategic focus on transformation and growth, as the company aims to become a pure play franchisor and establish itself as America's most accessible health and wellness services company.

The Joint Corp (NASDAQ: JYNT), the largest U.S. chiropractic care provider through The Joint Chiropractic network, has announced a $5 million stock repurchase program starting August 2025. CEO Sanjiv Razdan stated the buyback reflects board confidence in their long-term strategy, refranchising program, and projected cash flow generation. The program, which runs until June 3, 2027, allows for repurchases through open market or private transactions, with timing and amounts determined by the board's finance committee. Management believes the company's franchise model and long-term value are currently undervalued in the stock price.

The Joint Corp (NASDAQ: JYNT), the largest provider of chiropractic care in the US, has appointed Sandi Karrmann as a new Director, expanding its board to eight members. Karrmann brings significant experience as a global HR executive, having served as CHRO at major companies including Kimberly-Clark, Tenet Healthcare, and Yum! Restaurants International. The appointment aligns with The Joint's 2025 strategic priorities focused on strengthening core operations, improving profitability, and reigniting growth. CEO Sanjiv Razdan emphasized that Karrmann's expertise in healthcare and franchising will help enhance talent management, employee engagement, and retention of Doctors of Chiropractic, ultimately aiming to improve patient experience and drive sales growth.

The Joint Corp (NASDAQ: JYNT) reported Q1 2025 financial results, showing revenue growth of 7% to $13.1 million from continuing operations. The company achieved system-wide sales growth of 5% to $132.6 million and comp sales of 3%. However, they reported a net loss from continuing operations of $506,000. During Q1, the company sold 9 franchise licenses, opened 5 franchised clinics, refranchised 2 corporate clinics, and closed 1 corporate clinic, bringing the total clinic count to 969. The company is transitioning to become a pure-play franchisor and implementing new marketing and operational initiatives. For 2025, they maintain guidance of system-wide sales between $550-570 million, mid-single-digit comp sales, and consolidated Adjusted EBITDA of $10.0-11.5 million. They expect 30-40 new franchised clinic openings in 2025.

The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, has announced its leadership team's participation in two upcoming investor conferences. President and CEO Sanjiv Razdan and CFO Jake Singleton will attend:

1. The 25th Annual B. Riley Institutional Investor Conference in Marina del Rey, CA on May 22, featuring one-on-one meetings.

2. The Oppenheimer 25th Annual Consumer Growth and E-Commerce Virtual Conference on June 9, including one-on-one meetings and a presentation at 10:30am ET. The presentation will be available via webcast live and for 90 days afterward on the company's investor relations website.

The Joint Corp (NASDAQ: JYNT), America's largest chiropractic care network, has strengthened its executive team with two key appointments. Andra J. Terrell joins as Senior Vice President Legal, bringing 20 years of franchising legal expertise, notably from her role at Subway where she managed its sale to Roark Capital. Eric Wyatt takes the position of Senior Vice President Operations and Patient Experience, contributing 30 years of executive leadership experience, including CEO roles at Clean Eatz LLC and Norms Restaurant.

Both executives will report to CEO Sanjiv Razdan and are tasked with executing the company's multi-phased plan to become America's most accessible health and wellness services company. Terrell will establish the internal legal department and advance legal execution, while Wyatt will focus on improving clinic operations, economics, and patient experience.

The Joint Corp (NASDAQ: JYNT) is highlighting the potential benefits of chiropractic care for arthritis patients during National Arthritis Awareness Month in May. According to CDC data, over 50 million Americans suffer from arthritis, with 26 million experiencing limitations in daily activities. The company, as the largest chiropractic care franchisor in the US, promotes natural approaches to joint health through their network The Joint Chiropractic. Dr. Steven Knauf, VP of Chiropractic and Compliance, emphasizes that regular chiropractic adjustments may help manage arthritis symptoms without prescription medications by addressing spinal misalignments and improving nervous system function. The company also recommends complementary lifestyle changes including light exercise, cold therapy, and dietary modifications to enhance joint function and mobility.

The Joint Corp. (NASDAQ: JYNT), the largest provider of chiropractic care in the U.S., has achieved a significant milestone by ranking No. 37 on Entrepreneur magazine's list of 150 fastest-growing franchises in North America. The company has also been inducted into The 10+ Club, having consistently ranked on the list for 13 consecutive years.

The ranking is based on net new franchise units added in the U.S. and Canada from July 2023 to July 2024. The Joint Chiropractic distinguishes itself through its retail-based model offering convenient, no-appointment necessary services, affordable care without insurance complications, and extended operating hours including weekends.